Nuveen Closed-End Funds Announce Redemption of Preferred Shares

The Nuveen North Carolina Quality Municipal Income Fund (NYSE: NNC) and Nuveen Georgia Quality Municipal Income Fund (NYSE: NKG) today announced that each Fund has redeemed a portion of its outstanding Variable Rate MuniFund Term Preferred shares (VMTP). The VMTP redemption price is the $100,000 liquidation preference per share, plus an additional amount representing the final accumulated distribution amounts owed. The Funds financed the VMTP share redemptions with the proceeds of newly created tender option bond trusts and the sale of portfolio securities.

The redemption amounts of the outstanding VMTP shares are as follows:

Fund & Common Share Symbol

Share

VMTP

Redemption

Amount

CUSIP

Date

        
      
      
        
          Nuveen North Carolina Quality Municipal Income Fund (NYSE: NNC)
        
        
        
        
        
        
          105
        
        
        
        
        
        
          67060P878
        
        
        
        
        
        
          10/23/2018
        
      
      
        
          Nuveen Georgia Quality Municipal Income Fund (NYSE: NKG)
        
        
        
        
        
        
          235
        
        
        
        
        
        
          67072B883
        
        
        
        
        
        
          10/23/2018
        
      
      
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
           
        
      
    
    

The address of the redemption and paying agent, Computershare Inc., is as follows: 250 Royall Street, Canton, Massachusetts 02021.

About Nuveen

Nuveen, the investment manager of TIAA, offers a comprehensive range of outcome-focused investment solutions designed to secure the long-term financial goals of institutional and individual investors. Nuveen has $973 billion in assets under management as of 6/30/18 and operations in 16 countries. Its affiliates offer deep expertise across a comprehensive range of traditional and alternative investments through a wide array of vehicles and customized strategies. For more information, please visit www.nuveen.com. Nuveen Securities, LLC, member FINRA and SIPC.

The information contained on the Nuveen website is not a part of this press release.

637459-INV-O-10/20

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